Jones co. borrowed money that is to be repaid in 12 years. so that the loan will be paid back at end of the 12th year, the company invests $8,000 at end of each year at 5% compounded annually. the amount of the original loan was

65

step-by-step explanation:

x = -3

y = -18

step-by-step explanation:

to solve by substitution, substitute one variable and solve for the other. then substitute again to find the remaining variable.

x-1/3(3x-9) = -3 since y=3x-9 substittute y.

x-1/3(3x-9)=-3

x + x +3 = -3

2x+3=-3

2x+3-3= -3-3

2x=-6

x=-3

substitute again into y=3x-9

y=3(-3)-9

y=-9-9

y=-18